Concerns among the Indian employees about fairness of their compensation and career objectives could be the key reasons for them to switch jobs.
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
In 2013, the average salary increase was 10.2 per cent while in 2009, it was 6.6 per cent.
Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday. The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters in Mumbai. He said the COVID pandemic-related restrictions do not pose any difficulties in hiring and added that last year, a total of 3.60 lakh freshers had appeared for an entrance test virtually.
Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation, has announced the results of its 7th Best Employers in India 2011 study.
IT major Tata Consultancy Services plans to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal.
IT major Tata Consultancy Services plans to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal.
Indians are projected to see a 12 per cent rise in salaries in 2012.
S. P. Jain Center Of Management, Dubai / Singapore invites applications for 'The Global MBA' programme.
Tata Consultancy Services (TCS), the country's largest information technology services company, will hire 50 per cent more students from campuses for 2011-12.
In one of the first surveys of homegrown companies that are expanding globally, human resource consultancy firm Mercer has identified the latest international assignment policies for managing a globally mobile group of employees and the challenges faced by employers. "Some of the most common challenges faced by employers of international assignees are those regarding competitiveness of expatriate packages, issues with different tax structures and of overall cost containment.
The company also plans to recruit over 3,000 people on onsite in countries like Brazil, Uruguay, China and in Latin America, among others.
The company would hire over 1,000 people for its Gurgaon office in the country, the New York Stock Exchange-listed firm said.
Hike in H1-B visas indicates that the company is winning new deals, for which projects initially need employees onsite.
India is likely to witness a moderate salary increase of 7.25 per cent this year after registering years of double-digit growth as recession is affecting the pay, benefit and job prospects for employees, global human resource consultancy firm Hay Group has said.
TCS said trainees joining it this fiscal would not be eligible for variable pay of about Rs 5,000 a month in the first six months.
Given the potential for growth, IT major, Tata Consultancy Services, is looking at hiring 8,300 trainees and around 3,000 laterals or experienced persons in Q4 FY10, a senior company official said.
Having clocked $4.3 billion in revenues this financial year, technology major Tata Consultancy Services is gearing up to maintain the momentum.
Indian employees received an average salary hike of 15.1 per cent in 2007, the highest increase across 14 Asia Pacific countries, global human resources services company Hewitt Associates said.
With corporates facing shortage of talent, India is likely witness over 14 per cent increase in salaries annually for the next three years even as there has been a sharp rise in input costs, a latest study says.
Tata Consultancy Services along with Bharti Televentures and National Thermal Power Corp was on Friday adjudged among the best employers in India by leading global human resources management firm Hewitt Associates.
Global human resource outsourcing and consulting major Mercer will spend $50 million over the next three years on its upcoming global operations centre in Noida
Soaring real estate prices are leaving a big hole in expatriates' pockets too, with Mumbai being ranked as the costliest city in India for them.
Over 6,500 would be recruited through campus recruitment.
Most top Indian CEOs are engaged in seeking new information, technology and ideas to improve their businesses as opposed to their US and European counterparts for whom issues such as reputation and succession planning are more significant, according
India, which registered highest average salary increase at 13.9 per cent in Asia in 2005, is expected to continue the trend of increased pay cheque with just 2.6 per cent of employers expecting salary freeze in the next year.
Hewitt Associates, the global human resources services firm, says that Indians got the highest salary hikes in 2004 and the trend is likely to continue in 2005 too.
The global spend on business process outsourcing is estimated to be $234 billion in 2005 while the global human resources outsourcing (a comparatively new phenomenon) size is estimated at $ 67 billion, which is 29 per cent of the global BPO pie.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
The fourth annual survey of best employers in India by global human resource consultancy firm Hewitt Associates will also rank companies which employ blue collar workers.
India has shown the highest average salary increase in the Asia-Pacific region during 2004, beating China, Korea and Japan, according to a survey by global human resources firm Hewitt Associates.
The firm now has employee strength of 344,691.
Competitive advantage is increasingly transient and companies need strategic and operational agility to operate in this environment of uncertainty.
Tata Consultancy Services (TCS) said it will hire 55,000 employees this fiscal, including 25,000 freshers.
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